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CNN
Dec 30, 2012 8:00am PST
simplicity of a fiscal cliff. the press loves a deadline. >> the press loves a deadline and loves colorful language like fiscal cliff. thanks for joining us. >>> at the top of the hour, state of the union has republican reaction to the president's interview on "meet the press." did we really need to go haywire over david petraeus? mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. a hybrid? most are just no fun to drive. now, here's one that will make you feel al
CNN
Dec 31, 2012 1:00pm PST
adjourn that the u.s. is going over the fiscal cliff, at least technically. we'll see what the senate does tonight, if anything. what the house of representatives does to follow the stakes, as all of us know, are enormous. senators, thanks very much for joining us. >> thank you. >> congress had well over a year to tackle this fiscal cliff. instead, we've come down now to the final eight hours before our nation takes a severe hit potentially to the economy. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. [ dog barking ] ♪ [ female announcer ] life is full of little tests, but your basic paper towel can handle them. especially if that towel is bounty basic. the towel that's durable, and scrubbable. in this lab demo, bounty basic is stronger than the leading bargain brand. everyday life? bring it with bo
CNN
Dec 30, 2012 1:00am PST
and which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank you very much. >>> we've got a lot more planned for you this saturday night. here's what else is ahead. as our lawmakers wrestle with u.s. gun violence, chicago hits an awful milestone. 500 murders this year and counting. what's to blame? a former gang member and chicago's police superintendent join me live. >>> plus, president obama could tap this republican to lead the defense department. but not everyone wants to see a secretary hagel. why some of the loudest voices with coming from his own party. >>> and 2012 is almost history. but what's the takeaway? comedian dean obeidallah schools us with his top ten lessons of 2012. >>> and also good news to tell you about a story we have been reporting on tonight. two missing georgia boys have been found safe in austin, texas. their father, the man who allegedly kidnapped them has been taken into custody. someone at a hotel recognized the boy from the amber alert and contacted police. much more in 30 minutes on their story. also spoke with their
CNN
Dec 31, 2012 4:00am PST
more over time. >> we're talking about international. how's the fiscal cliff doing in terms of internet searches? >> not as many compelling searches about the fiscal cliff. >> happy new year. >> thank you. appreciate it. >> that's how we become famous, make a compelling fiscal cliff video. gangnam style. >> ahead on "starting point," a health scare for hillary clinton. the secretary of state is in the hospital being treated for a blood clot. the latest on her condition in a moment. >> and 16 hours and counting until the fiscal cliff free fall. can they possibly get something done? sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ dog barking ] ♪ [ female announcer ] life is full of little tests, but your ba
CNN
Dec 30, 2012 4:00am PST
. >>> and americans fearful of higher taxes as part of the january 1st fiscal cliff deadline may see another hit to their wallets, thanks to what is being called the dairy cliff. milk prices could double to a whopping $8 a gallon. if congress doesn't pass an extension to the u.s. farm bill and everything from your favorite treats at the grocery store to the nation's dairy farmers can be affected. our affiliate in nashville spoke to one farm about this. >> i'm 54 years old and i'm one of the youngest dairy farmers in the state. everything has to be washed, sterilized. >> reporter: to understand that -- >> get up, come on. >> reporter: you must first understand this. >> i was born into it and grew up doing it. >> reporter: his grandfather once owned cumberland meadows daro. >> we are farmers and this is our family farm. >> reporter: bob is out here at 4:00 a.m. and 4:00 p.m. each day. >> they like the radio. that's why it's on. >> reporter: he works harder in a 12-hour span than most of us work in a lifetime. so, you can imagine why he thinks it's utterly ridiculous that congress can't work together to help him out. >> i don
CNN
Dec 30, 2012 1:00pm PST
fiscal cliff is a colossal waste of time, an economic storm of our own making, and washington is searching for little more than an umbrella to protect you from it. thanks for joining the conversation this week on "your money." we're going to stay on the story till it's done. normally, we're here every saturday at 1 p.m. and sunday at 3:00 p.m. eastern. i'm on daily at 3:30 p.m. but until this is done, you're going to see a lot of me. tweet me, my handle is @alivelshi. we'll see you through to the end of this. have a great weekend. >>> hello, thanks for joining us, i'm martin savage at the cnn headquarters in atlanta. i'm in for fredricka whitfield. good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of the senate republican leadership,
CNN
Dec 29, 2012 4:00am PST
-cliff type episodes. another debt ceiling debate coming up early part of next year, as well. >> yes, we do. >> i hope we can get leadership. >> okay, thanks, dylan glenn, thanks so much. >>> so what could the fiscal cliff mean for wall street and your retirement fund? i'm going to ask independent new york stock exchange trader in about one hour from now. >>> all right. let's switch gears here. because after newtown, gun buybacks are making headlines across the country. >>> and we're going to tell you how donors funded the biggest buyback ever in one connecticut town. i know. i'm will, and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. i honestly loved smokin
CNN
Dec 30, 2012 4:00pm PST
casualty of the fiscal cliff and that's me. >> there you go. >> thank you, thank you. so the senate won't vote tonight. house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this cliff, yes or no? >> i still think we have a 50/50 chance of averting the cliff. i thought the odds were a little higher this morning, but, look, obviously the clock is winding down. what we do know is negotiations are ongoing. there was a big road block earlier today with the so-called chain cpi issue, but that seems to have been put aside. so we'll have to see, but, again, the fundamental issue has been the same throughout this process which is that our republican colleagues are trying to do everything we can to prevent higher income individuals to pay a little bit more to reduce our deficit, and that's what's been going on for the last six months. that's what th
CNN
Dec 24, 2012 4:00am PST
. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> white house correspondent brianna keilar is traveling with the president and joins us live from honolulu, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to the senate, a
CNN
Dec 29, 2012 7:00pm PST
which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank you very much. >>> we've got a lot more planned for you this saturday night. here's what else is ahead. as our lawmakers wrestle with u.s. gun violence, chicago hits an awful milestone. 500 murders this year and counting. what's to blame? a former gang member and chicago's police superintendent join me live. >>> plus, president obama could tap this republican to lead the defense department. but not everyone wants to see a secretary hagel. why some of the loudest voices with coming from his own party. >>> and 2012 is almost history. but what's the takeaway? comedian dean obeidallah schools us. >>> and also good news to tell you about a story we have been reporting on tonight. two missing georgia boys have been found safe in austin, texas. their father, the man who allegedly kidnapped them has been taken into custody. someone at a hotel recognized the boy from the amber alert and contacted police. much more in 30 minutes on their story. also spoke with their mom before she headed off to go
CNN
Dec 31, 2012 8:00am PST
. thank you. here's how the markets are reacting as we edge closer to the fiscal cliff and investors brace for the potential fallout. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> okay, guys. time to forget about all the fiscal cliff negotiations for just a moment. why? because the entire world is it throwing a giant party to ring in the new year. alina choi is doing her best to keep warm in times square as preparations for tonight kick into high gear. >> reporter: good morning. great to see you. from all the talk about the crystal ball, the confetti and new year's resolutions, here's what you need to know if you come to times square tonight. dress warmly it is frigidl
CNN
Dec 30, 2012 11:30am PST
american. that's the fiscal cliff. we reach the brink in two days. let's go live now to dana bash on capitol hill. because of news of a setback. dana, what do we know? >> that's right. we got this word from democratic sources about a half an hour ago. maybe a little bit more. that they consider a major setback to be going on right now. a poison pill, something that the republicans offered last night and democrats rejected today. it's called technically chain cpi, the buzz word for it. what it means for real people and real terms, would be that social security recipients would see smaller checks on a monthly basis and that's why democrats are saying that this is a nonstarter. the president did propose this to the house speakers as part of a larger deal. he even talked about it again this morning on nbc, the president. but democrats are saying that they simply do not see this in this miner, smaller mini deal. they don't want to deal with the entitlement issue at all until a later date when they can deal with it in a broad sense. here's an example of what we heard a half hour ago from t
CNN
Dec 31, 2012 9:00am PST
because lawmakers don't want to touch the amt until they fix the fiscal cliff issue. it's actually crazy if you ask me. >> alison, thank you very much. this just in to cnn here. we have breaking news. we understand president obama is going to be addressing the nation from the white house just one hour from now on the fiscal cliff crisis. we're going to bring that to you live as soon as it happens, but we're looking at our watches here, our clocks. about 1:30 p.m. eastern the president will come out and address the nation regarding whether or not we're going over this fiscal cliff, the talks and negotiations taking place, the back and forth. we know the vice president as well as top republicans in the senate have been involved in talks throughout the evening and early into the morning. there's some sort of rough framework they're working with here, and we will hear from the president himself on the status of those talks. that is in about 45 minutes from you now. secretary of state hillary clinton is in the hospital for a blood clot. dr. sanjay gupta says the drugs that doctors are using are offering clues to where that clot
CNN
Jan 1, 2013 1:00pm PST
latest and all of the updates on the fiscal cliff. wolf? >>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're going to show you how it impacts view your bottom line. >>> and what about the secretary of state? her dangerous blood clot. what could that mean for hillary clinton and her political future? i'm wolf blitzer. you're in "the situation room." right now we're following breaking news. all eyes are in the house of representatives where lawmakers are weighing the future of a bill that's now effectively a fiscal cliff fix. no vote has been scheduled on the bill that the senate passed in the middle of the night after steep tax cuts and spending cuts kicked in. speaker jo
CNN
Dec 29, 2012 4:00pm PST
americans. the fiscal cliff, it may be bigger than people realize. don? >> lisa, thank you very much. a lot of us would like to tell lawmakers what we think of them. here is your chance right now, go to our ireport.com and start a message and we will play them to congress on air. it's murder charges now for a new york city woman who we are told has confessed to pushing a man in the subway track to his death. these details are new and we are still gathering information. there is david, he is in new york. david, what has this woman confessed? >> she seems to have confessed to a hate crime, don, she has been charged with second degree murder in the case of this man who was pushed off the subway platform in queens on thursday. and the queens district attorney's office released this statement. it was a quote from her saying i pushed a muslim off the tracks, ever since they put down the twin towers i've been beating them up. this adds a twist to the case that riled new york. this is the second incident that has occurred at subway tracks in which somebody was killed and put to their death undernea
CNN
Jan 1, 2013 8:00am PST
the groundwork for the fiscal cliff showdown that will unfold between its 435 house members. one of those members is democratic congressman from michigan. he's kind enough to join me. thank you for being with us today. first of all, if you could get me up to speed on the decision to make a decision v you heard anything about the possibility there might be a vote today with your members? >> i haven't heard directly. i think there will be. i think the vote last night in the senate set the stage. it was overwhelming. we're going to have a caucus democrats and republicans will discuss the bill. the vice president is coming to the democratic how cause cuss. we'll hear from him. he will explain what's in it. he will say in terms of what was in the senate bill as to the tax cut, they achieved 85% of it. they talked about the minimum tax that would affect 30 million people that now is attended to permanently. also unemployment insurance extended for a year. and also if i might say the vice president is likely to repeat. i just read what the president said yesterday. if republicans think i will finish the job of deficit reduction, that's not how it's going to work. in the responsible
CNN
Dec 30, 2012 3:00am PST
"early start weekend." what do you want to tell congress about the fiscal cliff? we'll have your video messages. >>> the woman accused of pushing a man in front of a subway is now being charged with a hate crime. now she's saying why she did it. >>> wow, a plane crash caught on tape, the story. hind this dash cam video of an exact moment a jet slammed into an overpass. >>> it's sunday, december 30th, good morning, i'm allisison kos. randi kaye is off today. we're going to start this morning in washington where all eyes on capitol hill as lawmakers try to work out on a deal to avoid the fiscal cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance for a deal and
CNN
Jan 1, 2013 4:00am PST
. >>> amid secretary clinton's illness and the fiscal cliff, americans rang in the new year in spectacular style. 1 million in times square welcomed in 2013. and in lean, the georgia peach was lowered as the new year arrived there. in las vegas, where everything is big and over the top, it was an amazing fireworks display over the vegas strip. just in case anyone missed the point that it was 2013, the fireworks telling them that it had officially begun. very cool. >> they think big there. >> they know how to throw a party time to time. > >>> two planes damaged in forth lauderdale, florida. there was a gash in the tail section of the united plane, no fuel leak from either aircraft, and luckily no injuries rorpted. refer. >> off the coast of alaska, coast guard and tugboat crews are trying to pull an oil rig into safe waters. lines were reattached, but 60-mile-an-hour wind and 28-foot high waves in the forecast for today. officials fear a fuel spill if that rig is grounded. >>> and those were wedding bells ringing in the stroke of midnight in maryland. that's when same-sex marriage became le
CNN
Dec 24, 2012 11:00am PST
be to blame if we go over the fiscal cliff. but this pessimism about perhaps going over the cliff is very real. >> all right, brianna keilar in honolulu there, covering the president. as he vacations with his family over the christmas break there. thanks very much. we'll catch up with you a little bit later. >>> now, today is christmas eve and the vatican city now, catholics are preparing to celebrate the birth of jesus christ. thousands are gathering at st. peter's basilica. in just two hours, the pope will celebrate christmas eve mass. in bethlehem, christians are gathering at the church of the in nativity. it is believed to be the birth place of jesus christ. now, palestinian authorities in the west bank were concerned with regards to tourism because of the recent conflict between israel and hamas and the gaza strip that this could deter visitors to the site this year. >>> pope benedict xvi is preparing to deliver his homily, marking one of the holiest years for catholic. joining me on the phone is raymond arroyo. thank you for being with us. pope benedict xvi, the christmas eve homily, we get one every year from the pontiff. >> right. >> what are you expecting this year in particular? >> well, you know, hala, after reading the pope's n
CNN
Dec 28, 2012 1:00pm PST
know. but it's not entirely unexpected considering we get closer and closer to the fiscal cliff. investors get spooked. >> and it's the stock market. what goes up goes back down. thanks, lisa. >>> visit the kennedy space center and will you see something very impressive but still under wraps. the space shuttle "atlantis" flew many missions ins day and now it's the site of a new exhibit that will be unveiled next summer. cnn's john zarrella is there. hey, john. >> reporter: candy, we are here and we have the hard hat on because we are in a working area construction site. this is the massive building that will house and actually already does house the space shuttle "atlantis" which came over here in early november. for the viewers out there, if you can't recognize it because it doesn't quite look right, that's "atlantis" wrapped in 16,000 feet of shrink wrap. it kind of looks like a caterpillar in a kok couldn't. come march, it will spread its wings when they take the wrapping off of it. the shuttle is at a 43 1/2-degree angle here because that's the angle that it would be when it's flying in space and suspended off the ground here and people will be able to walk around here
CNN
Dec 24, 2012 6:00am PST
. >> thanks so much. >>> you've heard about the fiscal cliff. what about the dairy cliff? there's a dairy cliff. we'll tell you $7 for a gallon of milk. it may happen. that's next. to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day
CNN
Dec 29, 2012 3:00pm PST
house correspondent, thank you, jessica. >>> thank you. >>> if we go off the fiscal cliff, will you notice an immediate change to your wallet? we want to get an immediate thought, who is the fairest of them all, the truth about taxes and wealth in america. steven, thanks for being here. so we have spent six months talking to lawmakers, republican and democrats. this can't happen. we can't go off the fiscal cliff. we have got to meet this deny. now what we're hearing, it is not that bad, we have time. >> what jessica said about the term paper, getting it done in time. you know what happens if you don't get it done in time? you get an f. and a lot of american voters are going to say an "f" to all the politicians if they don't get it done. look, i don't think it would be the end of the world if we go off the fiscal cliff. and it think it would be resolved in the weeks ahead. but this is kind of a black eye for the political system. here we are, two or three days ahead from the start of the year. without any american business investor, or worker, this just is not a very good way to run a country. and it is almost like banana republic politics. >> my dad used to say, no way to run a railroad. or government. let's talk about a couple of things, the whole idea t
CNN
Jan 1, 2013 11:00am PST
kind of a little bit anti-climactic. it is like, my god, the fiscal cliff, the fiscal cliff. we'll deal with it in two months. jessica yellin, so much more to talk to you about. we'll check in later, but thanks so much. >>> as we wait for republicans and democrats to come to the microphones, one democrat just left the meeting, he's going to be joining us next. sten to thesy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today, jason chose aleve. just two pills for all day pain relief. try aleve d for strong, all
CNN
Dec 28, 2012 6:00am PST
all week tackling the fiscal cliff's effects on your pocketbooks and he'll be back with us next week with more advice to keep you ahead of washington. >>> this is interesting, some are calling this the container cliff, thousands of dockworkers from maine to texas are threatening to strike on sunday. we're going to tell you about how this could cost you and affect the economy. [ tylenol bottle ] we are? yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>>
CNN
Dec 31, 2012 4:00pm PST
millions of americans already out of a job once the country goes over the fiscal cliff? that and much more when our special coverage continues. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers.
CNN
Jan 1, 2013 3:00am PST
forward. >> i appreciate it. thank you. >>> coming up, the senate agrees to the fiscal cliff deal, but is the crisis really averted? what does this mean for you and your paycheck? we'll tell you, when we come back. ( ♪ ) for those nights when it's more than a bad dream, be ready. for the days when you get a sudden call from the school, be ready. for the times you need to double-check the temperature on the thermometer, be ready. when you have children's motrin on hand, you're ready. for high fever, nothing works faster or lasts longer than children's motrin. be ready with children's motrin. alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. the pictures are so clear. kevin's a handsome devil that phone does everything! search dog tricks. okay, see if we can teach him something cool. look at how lazy kevin is. kevin, get it together dude cmon, kevin take 20 pictures with burst shot on the galaxy s3. [ male announcer
CNN
Dec 29, 2012 11:00am PST
with you, martin. >> thank you. the idea of the world being affected by the fiscal cliff problem here in america wasn't really lost on the president after his meeting with congressional immediate leaders yesterday. let's listen. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% what have they want. but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> so that begs the question, hall. how are other countries preparing for this really precarious situation and one in which they really have no control. >> well, martin, there's not much they can do to prepare. what will happen, if the fiscal cliff turns out to take place, is that we'll start to see the economy beginning to slide. the first thing that has happened already is that a lot of small businesses and other companies have been holding back on spending, and on hiring people. because they're worried about the tax rate increase. but starting in january 1st, we're going to start
CNN
Dec 28, 2012 5:00pm PST
the late breaking developments on the fiscal cliff negotiations which are coming down to the wire. it's a working weekend in washington. have a great weekend and a happy new year. "anderson cooper 360" starts right now. >>> john, thanks. we begin tonight with breaking news about your paycheck, your unemployment check, your defense job, the entire economy, you name it. all of it is at stake if the country goes over the fiscal cliff. it's a cliff that lawmakers built. they set the tuesday deadline, they knew it was coming for more than a year. but even now, they have done little to agree to a package before that time. keeping them honest, the people in this building have known what's coming on tuesday, yet they're only returning to this building to get back to work just now. senators came back yesterday. house members, well, they woet be back until sunday. this afternoon, house and senate leaders met with president obama at the white house. they talked for about an hour. afterwards, president obama said he was modestly optimistic. bypassing house speaker john boehner who had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconne
CNN
Dec 26, 2012 4:00am PST
. >>> president obama heading back to washington to tackle the fiscal cliff today. he will get to d.c. just as the house and senate expected to reconvene tomorrow. not much time left for a notoriously slow-moving washington to get something done. brianna keilar following the drama from honolulu, hawaii. she's there with the president. what is the latest. >> president obama is officially cutting short his christmas vacation and heading back from hawaii. tonight, hawaiian time, early in the morning on the east coast and returning to the d.c. area on thursday. as the senate is set to reconvene and all eyes really are looking there to see what senate majority leader harry reid can cobble together in order to get republican support to avoid the fiscal cliff. he'll also have to put together something that will get republican support in the house. this is a last-ditch effort and will be obviously very difficult if it succeeds at all. at this point, the white house still wants that threshold for income tax rates to be at 250,000. it's unclear, exactly what the senate proposal is going to look like.
CNN
Dec 28, 2012 8:00pm PST
about the fiscal cliff wreaking havoc on our economy. stocks down for the fifth straight day. what lawmakers must do to stop the bleeding. >>> we count down our top political rivalries. find out how many of your favorite politicians made this list. ve, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. ...but he'd wait for her forever, for any reason, and would always be there with the biggest welcome home. for a love this strong, dawn only feeds him iams. compared to other leading brands, it has 50% more animal protein. ...to help keep rocky's body as strong as a love that never fades... if he ever lets her leave again. iams. keep love strong. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyqui
CNN
Dec 28, 2012 4:00pm PST
, worries about the fiscal cliff wreaking havoc on our economy. stocks down for the fifth straight day. what lawmakers must do to stop the bleeding. >>> we count down our top political rivalries. find out how many of your favorite politicians made this list. because it's the final 100 hours of the ford year end celebration. last chance to get the best deals of the year on america's freshest lineup. hurry in for the great mileage. hurry in the latest technology. the clock is ticking. so hurry to the final 100 hours of ford's year end celebration. before everything's gone. and one more thing...hurry. get a focus with 2000 cash plus 500 year end bonus cash with no charge sync and sound during the final hundred hours of the ford year end celebration. only at your local ford dealer. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print
CNN
Dec 29, 2012 9:00am PST
looming fiscal cliff. >>> and at 70 years old he is out to do something few have ever done. he is doing it while battling cancer. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. [ tylenol bottle ] me too! and nasal co [ tissue box ] he said nasal congestion. yeah...i heard him. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal a
CNN
Dec 27, 2012 9:00am PST
washington today to tackle the so-called fiscal cliff. he landed about 30 minutes ago. you see him getting off of the air force one. the president shut his vacation short do deal with this economic crisis. according to a tweet from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor
CNN
Dec 29, 2012 1:00am PST
go over the fiscal cliff. so still a little bit more hope than when we woke up this morning but no one is counting on being off on new year's eve. randi. >> jessica, thanks. more now on the raw politics with "new york times" columnist ross douthat the and cornell. the president said he wanted to see a straight up-or-down vote. as we mentioned that, will happen on monday in the senate. he could lose that up-or-down vote. >> i think you're likely to see something come out of the senate. you have to pay attention, especially on the senate side to tone. what minority leader mcconnell was saying was tone was right. i think you'll see something come out of the senate but i think the problem comes on the house side, whether or not speaker boehner what it send theirs way to go an up or down vote without having the majority of the majority. >> ross, this is what speaker boehner said he wanted to push off to the senate. nothing helps us answer the big question, can his speaker bring his conference on board? could house republicans now be ready to accept a compromise, even if they don't like what's in it? >> i think a lot depends on what the democrats are willing to give
CNN
Dec 29, 2012 10:00am PST
. economy is on the verge of taking off but this fiscal cliff mess could get in the way. how much? what can we expect in 2013 with or without a deal? aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next
CNN
Dec 26, 2012 1:00pm PST
congress keep the country from going off the fiscal cliff? >>> a dangerous winter storm roaring across the eastern half of the u.s. bringing blizzard conditions and travel nightmares. plus, the nra's controversial proposal to put armed volunteers in every school, we'll go in-depth with the man in charge of the national school shield program. i'm joe johns. you're in "the situation room." the u.s. is now just six days away from the so-called fiscal cliff. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to fi
CNN
Dec 24, 2012 2:00am PST
country reaches the fiscal cliff just eight days from now and we are counting really by the hour at this point until we go over the edge. congress and the president are not here. they have stopped trying for now. home from the holidays and not that optimistic about a christmas miracle. listen to retiring senator joe liberman on "state of the union." >> i feel it's more likely we will go over the cliff than not, and that -- if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. maybe ever, in american history. >> are white house correspondent prix anna kebrianna keilar is traveling with the president and joins us from hawaii. >> they can still talk, right? true. but the people who matter are not. perhaps the lines of xhoukz are open between the white house and senate democrats. but the white house at this point is not in discussion with not only speaker john boehner but the senate minority leader, mitch mcconnell and perhaps because of that, you have some of that pessimism of senator liberman being shared by republicans
CNN
Dec 29, 2012 3:00am PST
, your money, specifically, and sadly still not good news. >> and it's about the fiscal cliff. negotiations going on this weekend to try and keep from going off the fiscal cliff. the deadline's now just three days away. president obama's modestly optimistic the top democrat and republican in the senate can work things out. jessica yellin has more on what needs to happen in order to make a deal. >> alison, christy, hi. well, the good news is, things could have been worse. it does seem those of us watching the sidelines as though time is running out. congress does some of its best, at least the speediest work when the nation's back is against the wall. >> reporter: after a rare oval office meeting, the president said he's modestly optimistic a deal can come together, emphasis on modestly. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. >> reporter: all sides left in agreement, at least over their next step. >> we'll be working hard to try to see if we can get there in the next 24 hours. >> whatever we
CNN
Dec 26, 2012 6:00am PST
before heading back to d.c. to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in hawaii. >>> former braves great andruw jones free on a bond in atlanta on a battery charge. there was a domestic dispute between he and his wife. the center fielder played with the new york yankees last year and recently signed with a team in japan. >>> the city of los angeles is holding its annual gun buyback today, several months ahead of schedule. the buyback program allows anyone to bring in guns and rifles in exchange for gift cards. the event is usually held in may but was changed to today in response to the connecticut school shootings nearly two weeks ago. we'll talk about that buyback program with the los angeles antonio villaraigosa in about 45 minutes
CNN
Dec 27, 2012 6:00am PST
. thank you. >>> coming up next, the fiscal cliff. we're close enough now to peek over the edge of that cliff. insiders say buckle up and prepare for the worst. ♪ ooh baby, looks like you need a little help there ♪ ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended probiotic. align. >>> we are so close to the fiscal cliff right now we can pra practically look over the edge. in fact, some people are saying it might even be too late for a deal and we'll go over that cliff. harry reid just took to the senate floor 30 minutes ago to say he thinks it's likely we're going to go over the cliff. republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see
CNN
Jan 1, 2013 9:00am PST
fiscal cliff. we are going to hear from one member of congress who is part of the meetings, representative of the meetings, representative john yarmouth. so, umwhoever's fathered the most children, gets the most data. let's just do it by hair. body hair? most dental work. what? [ phones buzzing and beeping ] stop downloading, and stop liking everything. it should be by who has the least amount of cartilage in their left knee. [ mom ] i just want to take a bath. [ male announcer ] say no to sharing. say yes to sprint. with truly unlimited data, text and calling. >>> critical moment for the financial future of the country, the deadline for the dreaded fiscal cliff. it passed at midnight. right now house republicans are not prepared to vote on the compromise approved by the senate. the vice president, he was instrumental in getting the senate deal passed. so he went back to capitol hill to meet with the house democrats. congressman john yarmuth of kentucky among those who met with the vice president. thank you for joining us. we understand that you actually left that meeting t
CNN
Dec 29, 2012 2:00pm PST
. >> thank you. >> we'll be right back. >>> whether we go over the fiscal cliff or not, the debt is a huge problem. and it is not just lawmaker's crisis, it is ours too, some americans are not waiting for politicians to fix it. kyung lah met somebody who is doing something about it. >> reporter: in his garage, garcia is waiting to fix the fiscal cliff one can at a time. how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. for the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest, too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense is something garcia's wife of 59 years thinks her husband could use. do you think he is crazy? >> well -- >> reporter: call him crazy. but there is an entire federal office, the bureau of public debt that collects money from hundreds of mr. garcias. this office in parkersbur
CNN
Dec 28, 2012 2:00am PST
, that on "starting point" kicking off at the top of the hour. i'll try and keep the fiscal cliff talk to a minimum. >> talking to tessa the dog? that's incredible. >> talking to someone about tessa the dog. >> we have to find her. >> thank you, ali, so much. >>> and critics say that the atlanta braves are bringing back a savage logo. and we got the first look at the hats. the native american groups consider the caricature really offensive. the great hank aaron had it on his shoulder during most of his playing days. >>> george h.w. bush is fighting off a fever in a houston hospital, but he's not planning on going anywhere the former president has every intention of staying put and put the harps back in the closet. at 88 years old, is he the oldest living former president. america's 41st president should be out of the icu soon. we hope some of. >>> not clear who will remiss lisa jackson as head of the environmental protection agency. she announced she will step down in january after the president's state of the union address. the epa created new standards for air pollution from coal powered plants on her watch. >>> hosni mubarak has been transferred to the hospital for some fractured ribs. he slipped in a prison hospital bath
CNN
Jan 1, 2013 6:00am PST
attached to the debt ceiling since it was unattached from the fiscal cliff and we will be talking about this for some time, joe. happy new year to you. >> happy new year to you, brianna, up all night and still ticking. thank you for your work. >>> eight senators voted against the compromise measure. tom harkin, tom carper and michael bennet voted no and mike lee, richard shelby, rand paul, chuck grassley and marco rubio. setting politics aside for a moment answer the question most of you are probably wondering on this new year's day, what does the measure mean for me and my wallet? cnn's christine romans is crunching the numbers. christine? >> joe for 98% income tax rates will not go up to the clinton era levels. it means if you're unemployed and you've got your last unemployment benefits check, the federal unemployment benefits check last friday, will you get another check. unemployment benefits have been extended. if you're a teacher who writes off supplies you buy for your classroom you're able to do that. if you're a doctor you're not getting a pay cut because of your medicare reimbursement falling off the fiscal cliff so a lot of different corners of society are not going to see their taxes rise but i re
CNN
Dec 29, 2012 7:00am PST
guessed, uncertainty over the fiscal cliff is having a ripple effect from washington to wall street. u.s. stocks ended the session in the red on friday for the fifth straight day. a triple-digit loss for the dow, that tumbled 158 points. the nasdaq lost almost 26 points while the s&p 500 shed almost 16 points. >>> in washington, each side of the aisle is pleading its case directly it the taxpayer. both the president and the republicans talking about the fiscal cliff in their weekly addresses. the president said yesterday he was modestly optimistic about a deal, but here he seems to hint at his own plan b if the senate can't reach a deal. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up or down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job, and lays the groundwork for future progress on more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a
CNN
Dec 31, 2012 6:00am PST
it. thanks again. >>> want to get back to the fiscal cliff, where less than 15 hours from toppling over the edge if lawmakers can't seem to hammer out a deal or work something out. president obama says he is modestly optimistic that negotiations could prevent these huge tax hikes and spending cuts from kicking in. >> we don't yet see an agreement, and now the pressure is on congress to produce. if they don't, what i've said is that in the senate we should go ahead and introduce legislation that would make sure middle class taxes stay where they are, and there should be an up or down vote. everybody should have a right to vote on that. if republicans don't like it, they can vote no. >> brianna keilar, she's at the white house. brianna, they're saying they're going to come back to work in a couple of hours. a lot of people have been up a lot longer than that, up earlier, trying to figure out what's going on here. i understand you do have some news. potentially there's a new offer on the table. >> reporter: that's right. according to democratic sources, suzanne, they have gone up to $
CNN
Dec 28, 2012 11:00pm PST
pentagon. >>> "outfront" next, worries about the fiscal cliff wreaking havoc on our economy. stocks down for the fifth straight day. what lawmakers must do to stop the bleeding. >>> we count down our top political rivalries. find out how many of your favorite politicians made this list. through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle
CNN
Dec 26, 2012 11:00am PST
peace once again. >> mohammed jamjoom, thank you for that. >>> fears of the fiscal cliff are taking some of the holiday cheer out of wall street. cnn's alison kosik is watching the post christmas trading. she joins us next. >>> retailers were hoping shoppers will spend big today. early figures show holiday sales slum slumped to the lowest levels in three years. alison kosik, every time i drive by the mall, the parking lot was full. every time i went in one, there were people everywhere. what is behind the weak sales this year and can post christmas shoppers really turn things around now? >> you make good points, victor. analysts are telling us there are two big factors at work here. hurricane sandy, hit holiday shopping right when it was beginning to rev up in early november. then the worries about the fiscal cliff they took over everybody's pocketbooks. people are really worried their taxes going up. so what do you get? you get holiday sales not doing too hot. holiday sales are up a little less than 1%, winds up being the weakest growth in three years. it is still early. these numb
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